Home Lancashire News Hargreave Hale brand transitions to Canaccord Genuity Wealth Management 

Hargreave Hale brand transitions to Canaccord Genuity Wealth Management 

Canaccord Genuity Wealth Management in the UK & Europe (“CGWM (UK)”) is pleased to announce that Hargreave Hale Ltd, the leading independent investment and wealth management business it acquired in September 2017, will adopt the CGWM (UK) brand as the businesses move forward with their integration.

The acquisition of Hargreave Hale advanced CGWM (UK) to become a top 10 UK wealth management business by assets. At 31 December 2018, CGWM (UK) was responsible for £25.8 billion of assets under management, administration and management contract for clients in the UK and Europe.

The former Hargreave Hale has branches in the North West in Blackpool, Lancaster and Carlisle.

The visual transition of the Hargreave Hale brand signals that all marketing collateral, signage and digital elements of the Hargreave Hale business will now carry CGWM (UK) branding. The firm’s regional branch network will now welcome clients and employees to offices that carry the unified CGWM (UK) brand.

The wider integration programme continues, with the aim of fully combining the service offerings of both companies, including CGWM (UK)’s wealth planning service and Hargreave Hale’s capability in smaller company stock picking. Employees of Hargreave Hale’s London office have already relocated to CGWM (UK)’s offices at Lothbury in the City of London to support this.

David Esfandi, CEO of Canaccord Genuity Wealth Management in the UK & Europe commented: “Today marks a special day – the successful acquisition of Hargreave Hale has propelled CGWM (UK) into becoming one of the UK’s largest wealth managers and having all our employees unified under the same brand is an important step in our integration process. The Hargreave Hale acquisition has helped us deliver on our ambition to offer a differentiated and competitive range of wealth services and has resulted in a stronger platform for our future development. The adoption of unified branding brings us closer to having all our employees working together on the same platform, as we move forward together to achieve our growth strategy.”

It is expected that the integration process will continue through calendar 2019. Until that process is completed, Hargreave Hale will continue to be authorized to provide regulated products and services by the Financial Conduct Authority (FCA) in the UK. Through this integration period, the clients and employees of Hargreave Hale and CGWM (UK) will have access to the extensive resources and expertise of both operations.